FilingReader Intelligence

Shanxi Xinghuacun Fen Wine proposes higher dividend after strong 2024

May 5, 2025 at 07:38 AM UTCBy FilingReader AI

Shanxi Xinghuacun Fen Wine Factory (SSE:600809) has announced a proposal for a cash dividend of CNY3.60 per share, totaling CNY4.39 billion, subject to shareholder approval on May 29, 2025. This follows a strong financial year in 2024 where the company reported a 12.79% increase in operating revenue, reaching CNY36.01 billion. Net profit attributable to shareholders increased by 17.29% to CNY12.24 billion. Contributing to this growth was a 68.47% increase in net cash flow from operating activities, reaching CNY12.17 billion. The proposed dividend payout ratio is 60.39% of the net profit attributable to shareholders.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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